Europe’s Guaranteed Lowest Price on Silver Coins & How to get them
celticgold.eu
Silver investments are available in various ways. But only the direct physical ownership provides a maximum safety. Physical silver investments are offered in bullion (also called bars) and coins.
In Europe physical investment silver is subject to Vat. An EU country has one to four different vat rates. The normal rate and reduced rate(s). 2013 Vat rates can be viewed here: http://www.vatlive.com/vat-rates/european-vat-rates/eu-vat-rates/
A few examples for 2013 Vat rates:
Country | Standard Rate | Reduced Rate |
Austria | 20% | 10% |
Denmark | 25% | none |
Germany | 19% | 7% |
Ireland | 23% | 9% |
United Kingdom | 20% | 0% |
All offered silver bars & coins in Europe are subject to the VAT Standard Rate. Currently there are only three countries with exceptions:
Germany |
Netherlands |
Estonia |
|
Silver Coins | 7% Vat until 31. December 2012.19% Vat from 1.1.2014 | Margin Ruling – a special ruling that charges 21% Vat on the dealers margin. | Vat Exempt = Vat Free |
Silver Bullion | 19% Vat | 21% Vat | 20% Vat |
Obviously if you can buy silver Vat Free through Estonia; the next question is:
How do I get the silver delivered – legally – without paying Vat?
Article 34 of the EC-guideline 2006/112/EC limits international sales of VAT-liable goods. The guideline says that the location where the contract is fulfilled is applicable to Vat. This guideline is only applicable when the bullion company ships to their clients.
Example 1:
UK resident buys with German bullion dealer. The German bullion company ships the silver to the UK.
Vat on silver to be charged = 20%. As the location where the seller fulfils its contract is the UK (the customers’ signature from the delivery releases the seller from its contract).
Example 2:
UK resident buys with German bullion dealer. The UK resident instructs a courier service to pick up the silver from the bullion dealers vault. The location where the seller fulfils its contract is Germany as the goods are handed over to the courier company in Germany.
Vat on silver to be charged = 7%.
The ownership in example 1 is transferred in the UK. The ownership of the goods in example 2 is transferred in Germany.
How to buy silver with procent at Europe’s guaranteed lowest price on silver:
1) Go to www.celticgold.eu and click ‘Buy Silver’
2) Choose the products you like
3) Check out and choose ‘Silver shipping with CK Logistics’
4) You automatically receive a shipping quotation for your order to be shipped with FedEx Intl. Priority; neutral and fully insured to your door
5) Pay silver order & pay courier
6) Receive your silver legally without Vat at the lowest possible price for fresh and new silver coins.
7) Done
How much does silver shipping cost?
There’s only a handful providers that ship insured investment silver in Europe. As a rule of thumb: The more you ship the lower the shipping rate becomes per ounce.
Depending on the area you live in shipping starts between 35 and 70 Euro and based on a 1oz coin costs are around 0.40 and 0.80 Euro depending on the total weight of the package.
For questions please email Stefan here: [email protected] . To learn more about shipping visit: www.cklogistics.de
What about buying silver overseas or offshore?
When you are an EU resident and buy products from a country outside of the EU; the shipper has to declare and inform customs. As soon as the package crosses the EU border silver will be charged with your country’s Vat. Sometimes packages slip through customs inspections. But generally it is recommended to buy silver within the EU in order to have it shipped freely and without customs declaration. Due to customs inspections and Vat charges it is not recommended to buy through Guernsey, USA, Canada and Norway.
Read More: celticgold.eu
2013-02-09 04:20:20
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